Centric Wealth Management Invests $1.20 Million in W.W. Grainger, Inc. $GWW

Key Points

• Centric Wealth Management purchased 984 shares of W.W. Grainger worth approximately $1.20 million during the second quarter. Institutional investors collectively own 80.7% of the company.
• Grainger exceeded quarterly expectations, reporting $12.01 in earnings per share versus the $11.30 consensus estimate and $5.02 billion in revenue, up 10.3% year over year. The company reaffirmed fiscal 2026 EPS guidance of $45.50–$47.25.
• The company declared a quarterly dividend of $2.49, representing an annualized payout of $9.96 and a 0.8% yield. Analysts maintain a consensus “Hold” rating with an average price target of $1,274.12.

Centric Wealth Management purchased a new stake in shares of W.W. Grainger, Inc. (NYSE:GWW - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 984 shares of the industrial products company's stock, valued at approximately $1,203,000.

Several other hedge funds have also made changes to their positions in GWW. Miller Capital Partners Inc. acquired a new stake in shares of W.W. Grainger in the fourth quarter worth $26,000. Elevation Wealth Partners LLC grew its holdings in shares of W.W. Grainger by 420.0% during the second quarter. Elevation Wealth Partners LLC now owns 26 shares of the industrial products company's stock valued at $35,000 after buying an additional 21 shares in the last quarter. MV Capital Management Inc. acquired a new position in W.W. Grainger during the fourth quarter valued at $28,000. Elyxium Wealth LLC purchased a new stake in W.W. Grainger in the 4th quarter worth about $30,000. Finally, Caitlin John LLC purchased a new stake in W.W. Grainger in the 4th quarter worth about $35,000. Hedge funds and other institutional investors own 80.70% of the company's stock.

W.W. Grainger Stock Performance

Shares of NYSE GWW opened at $1,322.34 on Friday. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.81 and a quick ratio of 1.70. W.W. Grainger, Inc. has a one year low of $906.52 and a one year high of $1,419.91. The business's 50-day moving average price is $1,345.39 and its two-hundred day moving average price is $1,221.07. The company has a market capitalization of $62.28 billion, a P/E ratio of 33.72, a price-to-earnings-growth ratio of 2.35 and a beta of 1.04.

W.W. Grainger (NYSE:GWW - Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $12.01 earnings per share for the quarter, topping analysts' consensus estimates of $11.30 by $0.71. The company had revenue of $5.02 billion during the quarter, compared to the consensus estimate of $4.96 billion. W.W. Grainger had a return on equity of 48.73% and a net margin of 9.92%.The business's quarterly revenue was up 10.3% on a year-over-year basis. During the same period last year, the business earned $9.97 EPS. W.W. Grainger has set its FY 2026 guidance at 45.500-47.250 EPS. Analysts anticipate that W.W. Grainger, Inc. will post 46.14 earnings per share for the current fiscal year.

W.W. Grainger Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Monday, August 10th will be issued a $2.49 dividend. The ex-dividend date is Monday, August 10th. This represents a $9.96 dividend on an annualized basis and a yield of 0.8%. W.W. Grainger's dividend payout ratio is currently 25.40%.

Analyst Upgrades and Downgrades

A number of brokerages have commented on GWW. Stephens lowered W.W. Grainger from an "overweight" rating to an "equal weight" rating and set a $1,355.00 price objective for the company. in a research report on Tuesday, July 14th. Oppenheimer increased their price target on shares of W.W. Grainger from $1,350.00 to $1,375.00 and gave the stock an "outperform" rating in a research report on Wednesday, August 5th. Royal Bank Of Canada decreased their price target on shares of W.W. Grainger from $1,460.00 to $1,428.00 and set a "sector perform" rating for the company in a report on Wednesday, August 5th. DA Davidson boosted their price objective on shares of W.W. Grainger from $1,250.00 to $1,260.00 and gave the company a "neutral" rating in a research report on Thursday, August 6th. Finally, Wall Street Zen upgraded shares of W.W. Grainger from a "hold" rating to a "buy" rating in a research note on Sunday, August 9th. Two analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $1,274.12.

W.W. Grainger Profile

W.W. Grainger, Inc NYSE: GWW is an industrial supply distributor founded in 1927 and headquartered in Lake Forest, Illinois. The company supplies maintenance, repair and operations (MRO) products and services to businesses, institutions and government customers. Over its long history Grainger has developed a broad product assortment and a national distribution network that supports operations across a range of end markets, including manufacturing, healthcare, hospitality, transportation and public sector organizations.

Grainger's product portfolio spans core categories such as electrical and lighting, safety and personal protective equipment, material handling, motors and power transmission, plumbing and HVAC, fasteners and adhesives, hand and power tools, and janitorial and facility supplies.

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